Business
NxGen Brands, Inc. Acquires Controlling Interest In Licensed North East Cannabis Delivery Service
NxGen Brands, Inc. Acquires Controlling Interest In Licensed North East Cannabis Delivery Service.
About this update from Nxgen Brands Inc.
[{"type":"text","content":"\n\n\n\nNxGen Brands, Inc. Acquires Controlling Interest In Licensed North East Cannabis Delivery Service\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nNxGen Brands, Inc. Acquires Controlling Interest In Licensed North East Cannabis Delivery Service\nPiff Kings Is Presently Authorized To Operate Cannabis Delivery Services in Four \"4\" of States in the NE United States.\nPR Newswire\nFT. LAUDERDALE, Fla., June 3, 2021\n\n\n\nFT. LAUDERDALE, Fla., June 3, 2021 /PRNewswire/ -- NxGen Brands, Inc. (OTC: NXGB) and Piff Kings LLC today announced that they have closed an agreement, where NxGen Brands, Inc. has acquired a 51% interest in Piff Kings LLC.\nPiff Kings is one of the leading on-demand licensed Cannabis Delivery Service in the North East United States, available and designed to be fully compliant with local and State regulations. Website: https://www.piffkings.com/\nCurrently, Piff Kings is authorized to provide delivery services in four \"4\" of states, including MA, CT, RI & NJ; and is planning to file the appropriate paperwork to enter into number of other states in the coming weeks and months.\nPiff Kings plans to innovate and expand independently in this fast-growing and compelling sector, and will also have access to the advanced mobile marketplace technologies currently being developed by NxGen Brands Inc. Customers of Piff Kings will be able to benefit from NxGen's licensed advanced GPS technology being incorporated in to their Cannabis Delivery Application. Piff Kings also intends to offer rewards and subscription programs providing, even greater value to consumers.\nNxGen's CEO Angel Burgos is quoted in saying, \"Our goal is to make people's lives a little bit easier and safer, by taking away the potential of driving while impaired. This is one of the reasons why we've have taken the initiative to develop this delivery application.\"\nHe continued: \"By acquiring controlling interest in Piff Kings, the company believes it can accelerate Piff Kings rate of customer growth by incorporating our Cannabis Delivery App. and further expanding their geographic...